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slag under which chapter heading arising out induction furnace is exciseable or not?

Central Excise - Started By: - Saurav Jain Jain - Dated:- 1-7-2016 Last Replied Date:- 2-7-2016 - sir, we are manufacturing ms billets by way of melting several input materials in an induction furnace. In the process ,slag is generated and discarded. We would like to know that if we sell the slag, number 1-is it exciseable ? under which chapter heading will it fall? and what is the rate applicable? - Reply By MADAN RAHEJA - The Reply = Dear Sir, Slag generated during manufacture of iron and stee .....

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